May 15, 2017 7:00 AM
Morning Reads — Monday, May 15
Happy Monday, everyone!
State
- Speaker Ryan is hosting an event with Karen Handel today.
- Momma always said, “if you ain’t got nothing nice to say, then keep your mouth shut.”
- How much does Google impact Atlanta’s economy?
- Hipster trash rejoice: Tiny homes are kind of allowed in Atlanta.
- We survived.
National
- Trump altered the trajectory of the Republican Party via conservative media.
- White nationalists holding torches gathered to protest the removal of a Confederate monument.
- Breaking: Man fired from job still does human things.
- Game of Thrones is the reason we can’t have a good King Arthur movie.
- Farmer’s know the benefits of trade according to Sec Perdue.
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Yall will be happy to know that Comey’s nine year old next door neighbor brought him some chocolate chip cookies after he got fired. Do you think he loves puppies, too?
Most conservative commenters here have gone silent in their support of Trump. Publicly supporting Trump, a low information voter that became President, is too humiliating.
Nah, some of us are just busy and don’t feel like we need to constantly address your whining.
What he said…
#nevertrump becomes #nevermind. Ask National Review about it. Or Mike Pence.
I read a story about that King Arthur movie that said Guy Ritchie’s previous move cost $75M to make and grossed $100M, but they called it a flop. Wait, what?!
Typically when describing “budget”, they aren’t including marketing costs. For most movies, marketing and distribution accounts for almost double the “budget”, especially if they’re leaning on international ticket sales. So $75M production costs is really $~150M-$180M in total costs to the studio. So gross sales of $100M is going to equate to the $50M-$75M in losses, thus a flop.
I know it makes no sense. Why not just roll marketing/distribution into the “budget” number for reporting metrics, right? Then again, we’re talking about an industry that uses “gross ticket sales” as its bellwether benchmark, so you get the drift.
‘Tis true. Movie studios don’t only cover the production costs, but also the distribution and promotion costs. So that $75 million was likely over $125 million. And the studio doesn’t get all the ticket revenue. They get about 50% in most of the world save China, where they get 25% (40% if a Chinese company contributes half the production costs … which of course nets them half the ticket revenue). So, the movie needed $250 in ticket sales before one could even talk about it earning a profit for Warner Brothers. As it was, it only grossed $110 million worldwide, so $125 million – $55 million equals about a $70 million loss for the studio. They were probably able to recoup some of that loss from DVD rentals/sales and selling rights for cable/streaming, but not a whole lot.
That’s why tax incentives are such a huge deal. If you can save $15 million on a production because of incentives, that means $30 million less that you need to earn at the box office.
Fake numbers!
Some conservatives have suggested that Trump now release his tax returns to dispel the notion of Trump connections to the Russians. Too bad tax returns can’t prove there’s no connection.
Did yall know Trump DID receive some compensation fro the Russians?? Yep! He sold a property to a Russian buyer. That SOB! How dare he!!!!!
Dmitry Rybolovlev, Russian oligarch, board member of a bank (along with Wilbur Ross) that held Trump business loans the time, buddy with Putin, rumored to be under a grand jury investigation at the time the district AG’s were all fired for international money laundering… that Russian?
Heard the oligarch demolished the house too. Good – that sucker offended my design sensibilities.
Sold the property at a price that may well have been millions more, or $10M+ more than the property was worth. Overpaying to purchase influence may be too difficult for Conservatives to understand, natch.
Ryan is the ball and chain of the Trump’s agenda.
His campaigning for Handel lessens my desire to go out and vote. Heck, my district must be in the Election of the Month club.